Crypto speculation at 2024 lows as TradFi leveraged ETFs hit record $239B
Traditional finance leveraged investment products are at a record high, but the appetite for speculative assets remains muted in the cryptocurrency market. Speculative appetite is cooling among crypto investors, with memecoin dominance versus altcoins hitting a near two-year low last seen in February 2024, according to crypto data platform CryptoQuant. “Memecoin markets are dead,” wrote...
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